Finance
Lehigh Valley Warehouse Project Lands $35M
Provident Bank originated the three-year development loan for J.G Petrucci Co. and PGIM Real Estate.
New Phoenix Storage Facility Lands $22M Refi
The new note replaces an $11.1 million development loan from Metro Phoenix Bank.
FEMA’s Largest Infrastructure Grant Awarded to Puerto Rico
Puerto Rico is estimated to receive nearly $13 billion destined to help rebuild its electrical grid system and drive the recovery of the local education system.
Directed Capital Closes 10th Fund at $92M
The close of the company’s latest distressed assets fund follows on the heels of new credit facilities totaling $100 million.
Wasatch Storage Partners Sells Nashville-Area Portfolio
National Western Life Insurance Co. provided a $12 million loan for the acquisition of 1,200 units in Murfreesboro, Tenn.
Bronx Storage Asset Trades for $26M
Benefit Street Partners Realty Trust provided the buyer with a $29.9 million loan which also encumbers a recently acquired Long Island facility.
VICI Properties Provides $400M Mortgage to Caesars Entertainment
The loan between the two companies, which have numerous connections, is secured by the Caesars Forum Convention Center in Las Vegas.
A Closer Look at Energy Retrofit Financing
More aggressive approaches to funding are needed in order to meet long-term climate goals, according to a recent ACEEE webinar.
Greystone Secures $52M Refi for San Jose Manufactured Homes
Chateau La Salle comprises 434 pads across 58 acres.
Treehouse JV Lands $46M Refi for Manufactured Housing Portfolio
The loan will be used to recapture equity and implement capital improvement programs at 17 manufactured home communities in Arizona.